For years, I’ve warned of the dangers of unaffordable government spending commitments, an economy fuelled by cheap credit and QE, and bubbles that will burst, probably the biggest in history. Here’s the briefing: https://stevebaker.info/2022/07/defaulting-on-the-welfare-state/ Read the book: https://stevebaker.info/2022/07/are-we-in-the-largest-bubble-in-history-an-austrian-school-analysis-by-steve-baker-mp-max-rangeley/ Watch the movie:
Read MoreIt is vital that MPs consider the serious implications of our current public debt commitments and public debt projections. On current projections, the UK will default on its welfare state commitments, including those related to pensions. We must move our debt projections to a sustainable path. The reports that this […]
Read MoreI have been asked to explain reasons for the changes to Employment and Support Allowance (ESA) as set out in the Welfare Reform and Work Bill and the debacle over Personal Independence Payment (PIP). In the Summer Budget 2015, the Chancellor announced that, from April 2017, new ESA claimants who are placed in […]
Read MoreThis morning, I received the great news that the number of claimants for Jobseekers’ Allowance and Universal Credit is continuing to fall. The total number of unemployed claimants in Wycombe constituency in March 2016 was 907, compared with 956 one month earlier and 1064 one year earlier. This represents a rate […]
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Via sharethefacts.conservatives.com, “the choice at the next election in 80 seconds”: The election in May is the most important in a generation, and the choice couldn’t be clearer. It’s between the competence of the Conservatives, with a long-term economic plan that is securing a better future for Britain – or […]
Read MoreYesterday in Parliament, I spoke in two debates: one on homelessness and one on food banks. In the first debate, I began It is a thorough and utter disgrace that anyone should be homeless in the 21st century in our country. It makes me wonder whether the welfare state safety […]
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In March 2013, there were 2,105 unemployed claimants in Wycombe – 52 lower than in March 2012. The figure for March 2013 represents a rate of 3.7% of the economically active population aged 16 to 64, which ranks Wycombe favourably as the 409th of the 650 UK constituencies ordered by […]
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Few people would tolerate a country in which the poor starved or went homeless and yet in Wycombe food is provided by the One Can Trust and emergency winter shelter by Wycombe Homeless Connection. Last time I divided the social security budget (£207bn) by the number of people in poverty (13m), […]
Read MoreThe Telegraph writes: To promote prudence and responsibility, rather than the dependency and waste of the welfare system, we should return to mutual aid societies It’s an idea with which I have great sympathy, as I have written before.
Read MoreIDS writes for the Telegraph: This Government is currently striving to build a new welfare system, one based on a fairer deal between claimants and the British taxpayer. But a decision emerging from Europe this week has the potential to completely undermine these reforms. The UK has no problem playing […]
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